HOUSTON, Dec 5 (Reuters) - Oil prices fell on Thursday as investors weighed an ample supply outlook for next year against OPEC+ delaying its planned output increase by three months to April 2025.
Photo: Royal Commission for Riyadh City Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...
* Oil demand in India is projected to register a 2x growth to reach 11 million barrels per day by 2045. * Diesel demand in India is expected to double to 163 MT by 2029-30, with diesel and gasoline ...
NEW YORK, Nov 29 (Reuters) - Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the ...